Oren Alexander Acquires SFR On South Venetian Way In Miami Beach For $13M
1236 South Venetian Way, Miami Beach, FL 33139, USA
$13,000,000
$971/SF
Building Size
13,382 SF
Asset Type
Single Family Residence
Closing
Aug 2, 2021
AI
A single-family residence located at 1236 S Venetian Way in Miami Beach has been sold for a price of $13,000,000. The property is situated in a sought-after location in Miami Beach and offers stunning views of the surrounding area. The transaction took place on August 2, 2021.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $13,000,000
- Address: 1236 S Venetian Way, Miami Beach
- Market: Miami Beach
Oren Alexander from Douglas Elliman represented the buyer, while Greg Mirmelli from Wide Bay Luxury represented the seller. Oren Alexander is an experienced real estate agent from Douglas Elliman, known for his expertise in high-end property transactions. Greg Mirmelli, on the other hand, is a reputable representative from Wide Bay Luxury, specializing in luxury real estate deals. Both parties played instrumental roles in ensuring a successful transaction.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93